Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (24226)	8/13/1998 4:16:00 PM
From: Oeconomicus	Read Replies (1) of 94695

Was that '93? I worked for a living then, so I missed a lot of the details, but I do remember banks being a bit tight with new corporate credits. Which brings up a question - do we have any corporate bankers lurking out there? I'm interested in knowing whether it is getting more difficult to get new credits done these days. If so, that's another sign of a recession headed our way. Banks may be slow in loosening up after a recession is over, but they don't waste any time turning of the spigot early in a slowdown. BTW, Bon, the last recession ended officially in April '91. Just an FYI. Bob PS: New closing lows in BOTH the Dow and the Trannies. For the Trannies, intraday too. Anybody think that means rally-time? <G>

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